There have already been tons of companies working under an MLM structure offering various products right from the health and wellness sector to beauty and skincare and nutrition, etc.
And, since these sectors saw a rise in the past few years, many other MLMs catering to different and unique niches also came into place to try their luck in the market. One such being an MLM for hemp-infused products.
Quite interesting, isn’t it? Yes, “Kannaway” is one such company that operates as an MLM structured company but with hemp-infused products.
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Out of almost all the MLMs that deal only in the health and wellness market, Kannaway is a breath of fresh air in the MLM industry for selling unique products that comes from Cannabis plants and uses hemp in its products.
If you are interested to find out more about this company, is it legit or scam, and how much you can earn, continue to read my review.
Let Us First Start By Knowing What Kannaway Is?
Kannaway is also network marketing and a multi-level marketing company that was founded in the year 2014 and owned by Medical Marijuana, Inc. The current CEO is Blake Schroeder. It is based in California and has its accounting firm in San Diego.
Many can question that they are marijuana-based products, but it is imperative to know the difference between hemp and cannabis as both are different.
People get high when they smoke marijuana because it contains a chemical component called Tetrahydrocannabinol (THC) but, hemp doesn’t have THC; it contains Cannabidiol (CBD).
And, it is claimed that CBD makes for 40% of the plant’s extract and doesn’t have any intoxicating or harmful effects that THC has. Hence, hemp doesn’t make a person high, and it is legal to purchase and own in 50 states of the USA.
Companies like Kannaway work on this idea of CBD that offers many beneficial uses and which has many healing properties.
What Are The Different Products That Kannaway Offer?
Kannaway has a wide array of products that it offers that is spread across value packs, CBD products, nutrition, skincare products, essential oils, and products for pets.
However, let us have a look at some of the most marketed and sold products and also not to forget the main ingredient in their product line is hemp with its component CBD.
- Pure CBD Premium Capsules
- Premium Hemp Oil Caps
- Premium Hemp Oil Oral Applicator
- Kannaway Salve
- Kannaway Salve Travel
- Kannaway Pure CBD
- Kannaway Chocolate Energy Chews
They also offer products for pets, which are noteworthy as the benefits that a human can get from CBD can be obtained by pets as well.
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How Can You Get Started With Kannaway?
Putting in some cash at the upfront for any MLM structured company is familiar, and Kannaway also requires an individual to pay $54.98 as a fee to become their distributor whom they call as ‘Brand Ambassadors.’
And, after becoming their distributor, you can get access to the wholesale rates of their products. You will be pushed to buy some of the expensive packages to progress and make more money.
Along with their wholesale rates, you can get access to 7 other things that they offer as below:
- MLM training
- Secure back office
- Promotional materials
- Kannaway’s marketing website
- Access to their university
- Media marketing system
- Quick start guides
Kannaway Compensation Plan
First of all, like all MLMs, Kannaway also relies mainly on two basic ways to earn money like:
- Making retail profits after buying the products at wholesale prices.
- Recruiting people in the downline and earning every time they make a sale.
Do you know that you can start your own CBD business without having to recruit anyone?
There are two ways of marketing that Kannaway adopts:
- Social media marketing
- Word of mouth marketing
So, this means it will involve a lot of persuading to your family members, relatives, friends, etc. or going the tech way that is promoting the products through social media platforms.
Anyway, let us have a look at how one can earn with Kannaway. If you need more information, you can see their compensation plan HERE.
This is the direct sales commissions one can get after purchasing the products at wholesale rates and selling them at a retail price.
Direct Sales Bonus (DBS)
You can earn a 30% commission on the commissionable volume of the product when your preferred customers buy from your replicated site.
You receive a 30% commission even when your preferred customers purchase products within their first 30 days.
DBS Check Match
The amount your personal referrals earn for the month in the DBS commissions, you get a 20% commission.
Fast Start 3000 And 9000 Bonus
For qualifying for this bonus, you either need to sell or purchase fast start packs within 30 days of becoming a brand ambassador.
After selling or buying the same, you further need three more customers or BAs to sell or purchase the pack.
For a fast start 3000 bonus, you need to generate 110 PBV (personal business volume) for being a BA from the 2nd and 3rd month and 3,000 in sales volume in the first four levels of your downline for earning up to $1,000 bonus.
For fast start bonus 9000, you must generate 110 PBV in the 2nd and 3rd month and 9,000 in sales volume in the first five levels of your downline for earning an additional $1,000 bonus.
Rank Infinity Bonus
This is for the executive director rank and above. From the sales volume of the level 6 downline, you can earn a 1% commission to infinity levels.
Coded Infinity Bonus
This starts with a personal brand ambassadors. You earn bonuses from the 1st and 2nd generation to the next person in the downline leg, reaching a given mark.
Team Overrides Commissions
This depends on your rank and how much sale is generated within your downline. This goes down to 10 levels, and the higher your rank, the higher is the commission.
There are other bonuses as well, like lifestyle bonus, the minimum income guarantee bonus, and rank advancement bonus.
PS. This program has enabled me to generate a 4-Figure Monthly Passive Income as a stay at home mom. It is FREE to get started and only cost a $49/month fee to go full-time!
Positives Of Kannaway
- They offer unique products that are CBD infused, and they are the only MLM for such products.
- Unlike other MLMs, their signup cost is quite cheap, priced at only $54.98.
- Their Pure Gold hemp-derived cannabidiol has become the first to be listed in the PDR (Prescribers Digital Reference) as the first hemp-derived CBD dietary supplement.
Negatives Of Kannaway
- Since they are the only MLM selling CBD infused products, their products are highly-priced.
- You can only earn through commissions, and for that, you need to sell more products and build your team for making more.
- Income potential at Kannaway is shallow as the products are expensive, and consistent efforts are required to sell more and build a team.
Is Kannaway A Scam?
Kannaway is a legit MLM company that sells CBD infused products and also offers a wide range of product lines for customers and affiliates. Hence, it is not a scam or a pyramid scheme.
But, depending on an MLM for decent income-earning monthly is not a great idea, mainly when the MLM sells products that are expensive and in a crowded market industry where similar products can be bought at half the rates.
Kannaway’s business opportunity is something that cannot be recommended since you only earn through commissions, which is again a slow process and doesn’t pay you any decent amounts.
Is There A Better Business Opportunity?
A much better option of earning income from home is through Affiliate marketing where you don’t need to recruit anybody; in fact, you are your own boss.
We live in the 21st century, and our lives are drastically different from 1950 when multilevel marketing was invented. If you want a successful business, focus on online business.
You can, like me, launch an affiliate website, you can promote any products you want ( not just CBD products) from any company.
So why sell such a limited product range?
Commissions for affiliates range from 5% to 75% and include digital products, Amazon products, and recurring services.
Last year, with my affiliate websites, I generated 4 figures each month and I can show you how to make them using the same training.
Of course, you can promote whatever you want and keep all your earnings (don’t share it with your upline).
Affiliate marketing is much easier to understand and makes you earn good income monthly, which only requires your marketing skills online.
But don’t worry. If I, as a single mother with three children, without prior education, managed to learn how to make serious money online, you will succeed, too!
Having been part of several MLM companies, I realized that all of them ( including Kannaway) has an alike story. Health and Wealth, travel, and abundance promise you, while in reality, less than 1% (top of the pyramid) succeeds in doing so.
As I like to travel and do not like to depend on working hours, or whether my downline in TruVision will do a good job and secure me a percentage, I have taken circumstances into my own hands.
Not only do I earn 4 digits a month, but I also work when I want and travel where I want!